Giorgio Armani Net Worth

Giorgio Armani is a popular Italian fashion designer and he is entitled as the most successful designer in Italy. He is the owner of the company named Armani that makes over a billion dollar transaction every year. It is his company’s success that made him a multi-billionaire. Let’s find out more about Giorgio Armani’s net worth in 2018.

Giorgio Armani Early Life

Giorgio was born on 11th July 1935 in Italy to an Italian-American family. He was raised along with his younger sister and elder brother. His father was an accountant in a transport company while his mother was a complete housewife. Giorgio attended schooling from Liceo Scientifico Respighi and he was very attracted to studying about medical aspects.

After schooling, he went to the University of Milan for a degree in medicine but before completing his course, he joined the army. He worked in a military hospital and used to watch various shows. That is when he decided to pursue to a completely different career for his profession. Giorgio has confessed his liking for both men and women. He had a long relationship with his business partner Sergio Galeotti.

Giorgio Armani Career, Awards & Achievement

After his army service, he started working as a window dresser in a department store in Milan. He later became a menswear seller and got a complete understanding of the functioning of the fashion industry. He started designing menswear himself and worked as a freelance designer for various companies. His designs were showcased in various shows and got appreciate from various notable guests.

In 1975, he started his label under his own name and started producing men and women’s line for all seasons. His label became particularly popular for underwear and swimwear. His unconventional ways of advertisement got him a lot of traction and the rise of Armani brand become exponentially. His company has over 100 stores spread across nearly 40 countries across the globe.

Giorgio has worked with various popular celebrities like Lady Gaga, various events like MTV VMA, Grammy Awards, and various international brands like Samsung. He is also the president of the Olimpia Milano basketball team. The company has also branched out in the hotel industry. He himself is responsible for various interior designing works in multiple star hotels across the world.

Awards and Achievements

Giorgio Armani has won several accolades for his contribution to the fashion industry not only in Italy but across the world. For his works, he received CFDA International Award in 1987. In 1992, Giorgio received Fiornio d’Oro. His creativity got recognition officially when he received Bambi Award in 2009. In 2006, he was the recipient of Man Of The Year award from Gentleman’s Quarterly.

Net Worth Of Giorgio Armani

The estimated net worth of Giorgio Armani is more than $9.5 billion. Most of the money has come from his international clothing brand Armani. Apart from these, he has worked with several international celebrities for their dresses in various big events. He has also designed the interior of various popular hotels all of which added to his wealth. His several ventures in sports where he has a keen interest in have also contributed to his wealth significantly.

Giorgio Armani is a very private man who likes to keep his personal life secret. He does not talk too much to the media representatives. At the age of 82, he is going down as one of the true richest legends In Italy who is a pioneer for red-carpet fashion. Personally and financially, Giorgio Armani has no goals left to be achieved but he is still spirited to contribute to various works in whatever way possible.